New Efforts to End Muller Dispute

Efforts have been made this spring to resolve the fierce dispute between co-founders of the innovative and popular Swiss luxury watch brand, Franck Muller, headquartered outside Geneva. Didier Decker, administrative director and CFO of Franck Muller Watchland, told JCK that Franck Muller, who left the company in anger last year, met two weeks ago with former partner Vartan Sirmakes. Geneva newspapers also report that the two men recently had a lunch meeting. Sirmakes has been trying to convince Muller, still a major shareholder in the company, to sell his shares to an equity company, which would then work with Watchland on the brand's first-ever public stock offering. Watchland has been working on an IPO for more than a year but can't proceed until the issue of Muller's shares is resolved. Muller, who recently started a new company, has called for the liquidation of the company tha
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